iPhone 15 Pro Max New iPhone with trade in 14 Pro Max

[mr99]

I have a 14 pro max and I’m making monthly payments on my Apple Card (12 of 24 payments have been completed). Balance of $270.

I want to do the trade in tomorrow for a new iPhone 15 Pro max.

They’re offering $650 trade in credit.

How does Apple treat this scenario? Do they “pay off “ the $270 existing balance or how do they set up the new payments going forward?

 

[Apple_Robert]

I could be wrong here but, it sounds like you purchased the phone using the payment plan that is not part of the Apple Upgrade Program. As such, you are still responsible for paying off your balance.

 

[rumz]

I have a 14 pro max and I’m making monthly payments on my Apple Card (12 of 24 payments have been completed). Balance of $270.

I want to do the trade in tomorrow for a new iPhone 15 Pro max.

They’re offering $650 trade in credit.

How does Apple treat this scenario? Do they “pay off “ the $270 existing balance or how do they set up the new payments going forward?

You’ll have another payment plan in addition to the existing one, and the new one will be based on the net price of your iPhone 15 Pro Max. (So, if you got the base 15 Pro Max, you’d have a payment plan for 1199 minus your 650 trade in, or 549.)

 

[Kottu]

I have a 14 pro max and I’m making monthly payments on my Apple Card (12 of 24 payments have been completed). Balance of $270.

I want to do the trade in tomorrow for a new iPhone 15 Pro max.

They’re offering $650 trade in credit.

How does Apple treat this scenario? Do they “pay off “ the $270 existing balance or how do they set up the new payments going forward?

I know that it’s your choice but difference between 14PM and 15PM is no so vast like 12PM and earlier. If I had 14PM, I would wait and buy 16PM next year.